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3303 N Midkiff Rd
Midland, TX 79705
San Miguel Square · Retail Property For Sale
Investment Highlights
- Open Air Lifestyle Retail Shopping Destination Located at a Signalized Intersection Across from H-E-B in Affluent Submarket of Midland, TX
- Priced Significantly Below Replacement at $279.92 PSF for an Open Air Lifestyle Shopping Center
- Hard Corner of Midkiff Road & Wadley Avenue Intersection (Combined 50,600+ VPD)
- Rents Average Just $22.31 PSF NNN
- Average Household Income Exceeds $138,900, $133,100 & $128,000 in a 1-, 3- & 5-Mile Radii Respectively
Property Facts
Property Type
Retail
Property Subtype
Building Size
76,396 SF
Building Class
C
Year Built/Renovated
1979/2021
Percent Leased
84%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
4.87 AC
Zoning
LR2 - Low Rise Retail
Parking
314 Spaces (4.11 Spaces per 1,000 SF Leased)
Frontage
459’ on Midkiff Rd
Amenities
- Pylon Sign
- Air Conditioning
Property Taxes
| Parcel Number | R000039-794 | Improvements Assessment | $2,766,874 |
| Land Assessment | $848,550 | Total Assessment | $3,615,424 |
Property Taxes
Parcel Number
R000039-794
Land Assessment
$848,550
Improvements Assessment
$2,766,874
Total Assessment
$3,615,424
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